Question

3. Which of the following is not one of the pitfalls of a low-cost provider strategy? A. Overly aggressive price-cutting that confuses customers as to the best time to buy. B. Trying to set the industry's price ceiling C. Not emphasizing avenues of cost advantage that can be kept proprietary or that relegate rivals to playing catch up D. Becoming too fixated on cost reduction that the product or service no longer meets the basic expectations or needs of the customer. E. Having the basis for the firm's cost advantage undermined by a merger of other rivals firms in the industry and thereby creating an even lower cost structure from their combined operations.

Answer 1

Answer:

B. Trying to set the industry's price ceiling.

Explanation: